Square Enix said it projects a 5 percent rise in profits to 11.5 billion yen ($101 million) for the year ending March 2005. However, a company spokesperson said this number depends upon the success of upcoming releases such as "Dragon Quest VIII" and "Final Fantasy XII" for PlayStation 2.
Meanwhile Namco also released its year-end earnings report and noted an 83 percent rise in profits to 7.55 billion yen ($67 million) compared to the prior year. This year Namco projects a further rise in net profit to 8.5 billion yen ($76 million). Namco attributed its profits to a good performance in the home console and arcade software markets.